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Timbercreek Global Real Estate Income Fund

Manager Commentary

The Timbercreek Global Real Estate Income Fund is pleased to provide you with a quarterly update which highlights the Fund's performance, portfolio changes and market commentary from the Portfolio Manager.

Highlights

  • Improving economic trends in North America, Europe and Asia resulted in gains across the global real estate securities market in Q2 2017
  • The Fund generated a +0.6% total return on a net basis and is up 2.3% year-to-date
  • Performance was driven by stock selection in Singapore, Hong Kong and Canada and an overweight to Finland and the Netherlands
  • During the quarter, the Fund added exposure to companies that own shopping centres and regional malls and decreased exposure to diversified, office and industrial 

For further commentary, please click on the link below.

Quarterly Manager Commentary

Global Real Estate Securities investments are managed by Timbercreek Investment Management Inc.